I know that something bad is brewing.
The ECRI index is down again in -10.5%, and it means recession.
The architects of the index are quiet. Unusually quiet.
The situation they have at hand is pervasive, pronounced, and I know that they just waiting for the third p to ripe into: persistent, -before making a call. They never made a wrong call about recessions. And if they right again, than 99% of Wall street's educated guess makers should loose their job.
“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post
“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
Toronto Sun
;
I know that something bad is brewing.
The ECRI index is down again in -10.5%, and it means recession.
The architects of the index are quiet. Unusually quiet.
The situation they have at hand is pervasive, pronounced, and I know that they just waiting for the third p to ripe into: persistent, -before making a call. They never made a wrong call about recessions. And if they right again, than 99% of Wall street's educated guess makers should loose their job.
On high frequency trading security etc
http://market-ticker.denninger.net/archives/2528-High-Frequency-Trading-Something-Black.html
More fun in Greece
http://www.zerohedge.com/article/greek-government-resorts-wartime-emergency-act-threatens-economy-paralyzing-strikers-prison-
Stunner: 12th Sequential Domestic Equity Outflow (And $11 Billion In July Alone) Invalidates Volumeless July Stock Surge
http://www.zerohedge.com/article/stunner-12th-sequential-domestic-equity-outflow-and-11-billion-july-alone-invalidates-volume